https://www.taxtmi.com/caselaws?id=800977 One-time, non-refundable time-share membership fees may be recognised over the membership period where a consistent accounting method apportions receipts over the period of membership benefits, rather than taxed wholly on collection. A statutory clarification treating computer-software licences as royalty applies prospectively from 1 April 2012; resident software-licence renewal payments for assessment year 2008-09 therefore did not require tax deduction or trigger disallowance. Payments to non-resident suppliers do not establish equivalent taxability for resident suppliers. For disallowance purposes, "payable" encompasses sums already paid as well as outstanding amounts. en-us Mon, 05 Oct 2026 00:00:00 +0530 Wed, 14 Oct 2026 06:17:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800977 One-time, non-refundable time-share membership fees may be recognised over the membership period where a consistent accounting method apportions receipts over the period of membership benefits, rather than taxed wholly on collection. A statutory clarification treating computer-software licences as royalty applies prospectively from 1 April 2012; resident software-licence renewal payments for assessment year 2008-09 therefore did not require tax deduction or trigger disallowance. Payments to non-resident suppliers do not establish equivalent taxability for resident suppliers. For disallowance purposes, "payable" encompasses sums already paid as well as outstanding amounts. Case-Laws Income Tax Mon, 05 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800977